They were in a low margin business to begin with and made it a high one. After they lost some lawsuits it became clear that anyone can do it now.
No country commie or not is gonna allow a company to make that much money of its people. The slave labor thing is cute but would never fly like that.
When you buy so close to earnings you are a gambler and not an investor.
How much in house do they really do? Just the software side and they don't sell software outside so its the hardware that much sell.
Well it did trade at 700 per share not too long ago. Iphone 5 just didn't met expectations and you have to admit there are other phones that match or in some causes exceed it in innovation.
You still get the emissions letter test though and if you fail it you're screwed. Have to take it to one of their "licensed" people to get fixed and tested again.